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Stay up to date on the latest trends in FinTech – where technology meets finance to create new market opportunities.

Smartphones May Be the New ATM Cards, But Security Questions Remain

Ever since the introduction of Apple Pay in 2014 mobile payments have been the talk of the town. At the same time mobile banking apps have helped customers take care of their financial needs without needing to visit a branch, while also saving big banks a considerable amount on transactions. Still there's...

Digit Automated Savings Bot Comes to Facebook Messenger 1

Nearly everyone knows that they should be saving money but often times that goal is easier said than done. As I've written about on this site before, arranging to have technology set money aside for you has proven to be a popular and effective way to save without the sting....

How Mobile Banking Apps Save Big Institutions Money 5

One of the big benefits that FinTech companies tout is that they are able to keep their costs down by operating exclusively online and not maintaining any brick and mortar branches. Interestingly their point is very well proven by data supplied by their big bank competitors. As Fox Business reports institutions...

Predictions for FinTech in 2017

It's now that time of year when we not only reflect on the year that was but also attempt the predict the future based on current trends. This practice is especially popular in the tech industry where there's always excitement for what's on the rise, what's next, and who will...

Big Banks Fight Back: Are Better Banking Apps Threatening FinTechs? 3

For years FinTech companies have made the pitch to consumers that their products were better, easier, and more efficient than their legacy competitors. This assessment was more or less true, as many big banks were not only bogged down by the expense of running their various branches but were also...

Could FinTech Firms Soon Be "Special Purpose National Banks"? 7

For years FinTech companies have faced challenges as they attempted to offer their services nationwide. At the same time regulators have also taken an interest in achieving greater oversight of such firms. Now it seems like both sides could soon have their way in what amounts to a huge shift...

Bank of America's Personal Finance Chatbot to Debut Next Year

Can artificial intelligence help advise people on their finances? Bank of America seems to think so. At the recent Money 20/20 conference in Las Vegas the institution introduced the world to Erica — a personal finance digital assistant.According to Harriet Taylor at CNBC Erica — a name derived from the last five letters...

Americans Warming to FinTech Disruption 3

For nearly a decade now the FinTech sector has helped change the way Americans get loans, pay for items online, and invest their money. In that time companies in the space have been met with both skepticism and excitement from those in the know. But what do average consumers in the U.S....